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Industry & Trade
Siemens completes €350 mln plant upgrades in Egypt
German industrial giant Siemens has completed maintenance and upgrades of a number of production units for Egypt’s…
GM and Ford U.S. sales miss mark but industry strong overall
The biggest U.S. automakers, General Motors Co (GM.N) and Ford Motor Co (F.N), reported July U.S. sales that…
Volkswagen says end of tax breaks likely to hit China sales by 2017
The head of Volkswagen AG's (VOWG_p.DE) China operations said a planned expiry of tax breaks for small engine cars…
Moroccan exploratory mission to visit Egypt by late-September
A Moroccan mission will visit Egypt during the last week of September 2016 to explore means of enhancing economic…
Industry minister opens $124mn-billet plant for Egypt’s El Marakby Steel Group
Egyptian industry minister Tarek Qabil launched Tuesday the new steel melt-shop plant of El Marakby for Steel Group…
Chinese firm eyes building automotive factory in Egypt- minister
Egyptian Ministry of Public Enterprise Sector is currently studying an offer proposed by a Chinese firm to build…
Carlyle could make a brace of $2 billion acquisitions in Japan
Private equity firm Carlyle Group (CG.O) said it could make a pair of acquisitions in Japan worth $2 billion…
Euro zone producer prices rise more than expected in June
Euro zone producer prices rose by more than expected in June for a second consecutive month, driven by soaring…
21st Euromoney Conference to start in Egypt on 19 September
This year’s Euromoney Conference will be held in Egypt from 19 to 20 September and will be attended by Minister of…
South Korea suspends sales of most Volkswagen models
South Korea on Tuesday suspended sales of most Volkswagen AG (VOWG_p.DE) models in a fresh blow to the German…